G. HAGEN HOLDING AS

9600 HAMMERFEST

Finances

Return on Equity

7,12 %

Current Ratio

2,03

Debt-to-Equity Ratio

5,74

Key figures (NOK)	2022	2021	2020	2019
Revenue	144 542 000	161 966 000	157 366 000	146 158 000
Net Income	2 128 000	4 375 000	5 346 000	1 509 000
Total Assets	225 022 000	222 251 000	237 933 000	230 061 000
Total Equity	29 904 000	27 777 000	23 795 000	19 291 000

Income (NOK)	2022	2021	2020	2019
Revenue	144 542 000	161 966 000	157 366 000	146 158 000
Expenditure	134 526 000	151 357 000	145 623 000	138 656 000
Operating Profit	10 016 000	10 608 000	11 743 000	7 502 000
Financial Income	2 260 000	1 253 000	1 280 000	3 961 000
Financial Costs	9 568 000	6 430 000	7 260 000	9 355 000
Financial Balance	−7 308 000	−5 177 000	−5 980 000	−5 394 000
Earnings Before Tax	2 708 000	5 431 000	5 762 000	2 107 000
Tax	580 000	1 056 000	416 000	598 000
Net Income	2 128 000	4 375 000	5 346 000	1 509 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	177 639 000	185 666 000	192 804 000	186 120 000
Total Current Assets	47 383 000	36 585 000	45 129 000	43 941 000
Total Assets	225 022 000	222 251 000	237 933 000	230 061 000
Total Retained Equity	8 790 000	6 632 000	3 020 000	−72 000
Total Equity	29 904 000	27 777 000	23 795 000	19 291 000
Total Long-Term Debt	171 774 000	171 226 000	180 173 000	181 357 000
Total Current Debt	23 344 000	23 248 000	33 965 000	29 414 000
Total Equity and Debt	225 022 000	222 251 000	237 933 000	230 061 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 558 000	135 203 000	132 057 000	116 655 000
Other Income	28 984 000	26 763 000	25 309 000	29 503 000
Revenue	144 542 000	161 966 000	157 366 000	146 158 000
Cost of Goods Sold	81 431 000	98 413 000	95 420 000	86 601 000
Salary Costs	22 440 000	21 021 000	21 104 000	21 626 000
Depreciation	10 755 000	10 868 000	10 462 000	9 226 000
Impairment	0	0	0	0
Expenditure	134 526 000	151 357 000	145 623 000	138 656 000
Operating Profit	10 016 000	10 608 000	11 743 000	7 502 000
Financial Income	2 260 000	1 253 000	1 280 000	3 961 000
Financial Costs	9 568 000	6 430 000	7 260 000	9 355 000
Financial Balance	−7 308 000	−5 177 000	−5 980 000	−5 394 000
Dividends	0	0	0	0
Net Income	2 128 000	4 375 000	5 346 000	1 509 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	210 000	270 000	0	0
Total Intangible Assets	210 000	270 000	0	0
Real Eastate	165 579 000	173 197 000	181 559 000	181 028 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	5 859 000	7 371 000	7 284 000	4 206 000
Total Tangible Assets	171 438 000	180 568 000	188 842 000	185 234 000
Total Fiancial Fixed Assets	5 991 000	4 828 000	3 962 000	886 000
Total Fixed Assets	177 639 000	185 666 000	192 804 000	186 120 000
Stock	39 109 000	28 507 000	33 162 000	36 373 000
Total Investments	0	0	0	0
Cash, Bank	931 000	990 000	1 057 000	612 000
Total Current Assets	47 383 000	36 585 000	45 129 000	43 941 000
Total Assets	225 022 000	222 251 000	237 933 000	230 061 000
Total Equity	29 904 000	27 777 000	23 795 000	19 291 000
Short-Term Group Debt	0	0	541 000	0
Total Long-Term Debt	171 774 000	171 226 000	180 173 000	181 357 000
Creditors	17 757 000	9 563 000	20 492 000	19 694 000
Unpaid Taxes	3 066 000	3 414 000	3 608 000	2 876 000
Dividends	0	0	0	0
Other Current Debt	1 014 000	7 892 000	9 100 000	6 672 000
Total Current Debt	23 344 000	23 248 000	33 965 000	29 414 000
Total Equity and Debt	225 022 000	222 251 000	237 933 000	230 061 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,12 %	15,75 %	22,47 %	7,82 %
Debt-to-Equity Ratio	5,74	6,16	7,57	9,4
Operating Profit Margin	6,93 %	6,55 %	7,46 %	5,13 %
Current Ratio	2,03	1,57	1,33	1,49
Quick Ratio	−3,01	−6,96	56,2	−6,31
Equity Ratio	0,13	0,12	0,1	0,08
Gross Profit Margin	43,66 %	39,24 %	39,36 %	40,75 %